Is Installing Electricity in Your Storage Units A Wise Investment?
Electricity in Your Storage Units If you’re a storage unit owner/operator, you know that running a successful facility requires careful planning and smart investments. One investment that might be worth considering is the installation of electricity in your storage units. While it might seem like an unnecessary expense, providing electrical access to your tenants is ...
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Is Investing in Self Storage a Good Hedge Against Inflation?
Hedge Against Inflation Inflation was one of the biggest stories of 2022. American consumers have been enduring price increases the likes of which they hadn’t seen since the late 1970s and early 1980s. The Consumer Price Index (CPI) has remained relatively elevated. October’s CPI at 7.7 percent showed a slight decrease from 8.2 percent in ...
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12 Reasons Why Self Storage is the Only Real Estate Investment You Should Ever Make
Real Estate: Self Storage If you’ve been looking for a way to expand your real estate portfolio, self storage can be a sound investment that enables you to grow wealth with little capital outlay. Self storage real estate market conditions are excellent right now, and research forecasts suggest they may stay that way for at ...
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Self Storage Continues to Thrive and Remains Recession Resistant
According to an article in the New York Post, a survey by the Pew Research Center states that “96% of Americans are ‘very’ or ‘somewhat’ concerned about the rising prices of food and other consumer goods. Almost the same percentage of respondents (94%) said they were very or somewhat concerned about rising prices for gas ...
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Why Investors are Taking a Hard Look at the Self Storage Industry
While the need for extra space isn’t anything new, it is likely to continue. The events of the past two years have caused people to reevaluate their living situations for a number of reasons. The first is the popularity of remote work. People who can do their jobs from anywhere are taking this opportunity to ...
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Pinnacle Storage Properties Proudly Announces the Acquisition of Storage Plus of Arlington
Houston, TX – December 2, 2021 — Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of an additional Texas self storage property, Storage Plus of Arlington. This represents the 27th addition to date. Storage Plus of Arlington, formerly Arkansas of Green Oaks Self Storage, is located at 330 W. Green Oaks Blvd., ...
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Self Storage Rebounds and Remains Strong Post Pandemic
When the pandemic hit, there were questions about the future of the self storage industry. Instead of the expected decline, self storage saw higher than average growth. Occupancy rates and rents are currently seeing record highs as well as investor interest. To find out more about why self storage remains strong in a post-pandemic world, ...
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Eight Key Economic Factors that Affect Self Storage Facility Value
If you’ve found a facility that looks like it would be the perfect acquisition to your portfolio, do you know what the key economic factors are that will affect potential value? Don’t invest your hard-earned money until you’re sure of the potential value of the property. Common indicators of self storage property values emerge from ...
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Defer Taxes on the Sales of Your Self Storage Investment with a 1031 Exchange
When you decide that it’s time to sell your self storage facility or any other commercial real estate investment, can you take your profit, avoid capital gains taxes and escape to a Tuscan villa? Actually, you can make this happen by using an IRS provision called a 1031 exchange. Theoretically, you could sell your facility ...
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